📄 Extracted Text (232 words)
From: Ada Clapp <
Sent: Wednesday, October 28, 2015 4:50 PM
To: Jeffrey E.
Cc: Brad Wechsler; John Castrucci
Subject: Accounting for Children
Hi Jeffrey,
Brad mentioned that item 7 of your recent to do list=referred to "accounting for children."
1. Are you contemplating that the Trustees of each<=u> of the Trusts prepare a "formal" accounting (in the format =e
used for the 2006 Trust accounting) for the beneficiaries and ask them f=r a release of liability? (You recall how involved
that process was. We may wish to use someone other than Tom Turri=.)
2. Or, are you thinking of something less formal (i.e.=simply informative to the beneficiaries with no release) that our
Finance =roup can prepare on behalf of the Trustees?
3. What is your anticipated timing for this accounting=#8212;before or after we decant the assets into the AP001
Trust?
Thanks.
Ada Clapp
Chief Legal Officer
Elysium Management LLC
445 Park Avenue
Suite 1401
New York, New York 10022
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